BSEKamadgiri Fashion Ltd-$MediumNeutral
Announced Wed, 11 Mar · 17:36 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jagruti Synthetics Pvt Ltd

Promoter Stake BuyOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Jagruti Synthetics Pvt Ltd, part of the promoter/promoter group of Kamadgiri Fashion Limited, has acquired 60,294 equity shares (1.03% of paid-up capital) through the open market on 10 March 2026. The acquirer's holding in the company has risen from 3,15,200 shares (5.37%) to 3,75,494 shares (6.40%). The acquisition was carried out under Regulation 29(2) of SEBI's Takeover Regulations, and the total equity share capital of the company remains Rs. 5,86,93,710 (58,69,371 shares of Rs. 10 each). This is a promoter group purchase in the open market, indicating continued confidence from the promoters in the company.

Likely market impact

A promoter group entity buying shares in the open market is generally seen as a positive signal of insider confidence. The modest 1.03% increase nudges promoter group holding up to 6.40%, but the absolute size is small and unlikely to move the stock price significantly on its own.